Alan Blinder Warns a US ‘Soft Landing’ Is Getting Harder

The Princeton economist and ex-Fed official says the central bank can still tame inflation and avoid recession, but it’s going to be tough.

Alan Blinder

Photographer: Chris Goodney
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Princeton University’s Alan Blinder is one of the most prominent economists to have expressed optimism that the Federal Reserve can engineer a so-called “soft landing” for the US economy—taming inflation without triggering a recession.